This multi-family mix-use property offers a unique investment opportunity with two spacious 2-bedroom apartments and a versatile first-floor commercial store, perfect for an investor or owner-operator. The residential units are recently renovated, providing comfortable living spaces with strong rental potential, while the commercial space along with the garage on the back offers excellent visibility and foot traffic, ideal for a retail business or office. Located in a vibrant neighborhood with a mix of residential and commercial activity, this property promises steady income streams and the flexibility to either live on-site or generate additional revenue through leasing. With its prime location and diverse usage options, it's a solid investment for those looking to maximize their returns.
Turn Key Rental Property!!!! Amazing Investment Opportunity in Philadelphia! Welcome to Philadelphia's vibrant North Philly real estate market. This duplex on North Broad Street offers investors a turnkey property with the potential for stable rental income and long-term appreciation with a lucrative cap rate of 7.4%. This duplex benefits from high visibility and easy access to transportation, shops, and amenities. Its convenient location appeals to tenants seeking urban living with proximity to downtown Philadelphia and surrounding areas. With two distinct units and separate utilities (electric, heat, cooking, hot water), investors can enjoy the advantage of dual income streams. Also, tenants pay for water as well as lawn care and snow removal. Whether you choose to rent out both units or occupy one while leasing the other, this duplex offers flexibility and the potential for consistent cash flow to support your investment goals. Don't miss out on this rare opportunity to own a duplex on North Broad Street. Schedule a viewing today to experience the potential of 7115 North Broad Street and take the next step toward growing your real estate portfolio.
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19126 has a population of 1,596,865. Philadelphia 19126 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19126 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19126 is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.